With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.85 million shares. During the session, the Medical Distribution company that operates in wider Healthcare sector, reached to the highest price of $13.61 whereas the lowest price it dropped to was $12.84. The 52-week range on OMI shows that it touched its highest point at $28.35 and its lowest point at $11.42 during that stretch. It currently has a 1-year price target of $16.75. OMI paid its most recent dividend on 1639440000, while the ex-dividend date for that was 1639440000. Beta for the stock currently stands at 0.45.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OMI was down-trending over the past week, with a drop of -6.35%, but this was up by 8.24% over a month. Three-month performance dropped to -16.07% while six-month performance fell -22.35%. The stock lost -40.36% in the past year, while it has lost -31.14% so far this year. A look at the trailing 12-month EPS for OMI yields -0.64 with Next year EPS estimates of 1.86. For the next quarter, that number is 0.55. This implies an EPS growth rate of 12.50% for this year and 21.45% for next year. EPS is expected to grow by 19.49% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.46%.
Float and Shares Shorts:
At present, 77.06 million OMI shares are outstanding with a float of 70.18 million shares on hand for trading. On 2024-11-29, short shares totaled 3.95 million, which was 512.0 higher than short shares on 1730332800. In addition to Mr. Edward A. Pesicka as the firm’s President, CEO & Director, Mr. Andrew G. Long serves as its Executive VP and CEO of Products & Healthcare Services Segment.
Institutional Ownership:
Through their ownership of 1.0305899 of OMI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, OMI reported revenue of $2721125000.0 and operating income of $74181000.0. The EBITDA in the recently reported quarter was $134357000.0 and diluted EPS was -$0.17.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OMI since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With OMI analysts setting a high price target of 25.0 and a low target of 12.5, the average target price over the next 12 months is 16.33333. Based on these targets, OMI could surge 88.39% to reach the target high and fall by -5.8% to reach the target low. Reaching the average price target will result in a growth of 23.08% from current levels.
Analysts have provided yearly estimates in a range of $1.5832 being high and $1.5198 being low. For OMI, this leads to a yearly average estimate of $1.53007. Based on analyst estimates, the high estimate for the next quarter is $0.29 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.26.
